Is NBA Top Shot a good investment? If you got in the game early, hell yeh it is.
But what about for the rest of us?
OK, so it’s nearing impossible to score a pack if you’ve got the luck I’ve got but the upside in NFTs is massive.
As the masses are scrambling to understand what blockchain technology is all about and how to use it, let’s go through 5 reasons why NBA Top Shot is a good investment.
Liquidity
The biggest reason making NBA Top Shot a good investment is liquidity. Blockchain technology makes sales almost instantaneous to add to your Dapper Balance.
As a buyer, you receive your moments almost straight away. If ya got it, flaunt it. No need to wait to show off your clout in your curated Showcases.
Digital Asset
NFTs are the buzz word, but I have no doubts that blockchain technology is the future. If you don’t know by now, crypto is king.
Blockchain is the technology enabling the existence of cryptocurrency and NFTS are part of a blockchain network.
You feel me?
It’s Safe
There’s too many scammers everywhere and one of the biggest downsides of sports card collecting is just how many scammers are killing the hobby.
A fair share of people are getting scammed in NBA Top Shot too, true. But that’s mostly on those who are uneducated on blockchain.
Scammers are getting more and more brazen in sports cards and fake slabbed cards are starting to flood the hobby.
You can’t fake moments on the blockchain.
Honestly, don’t be stupid. If it sounds too good to be true, it is. Stick to the marketplace and you can’t go wrong.
Investment Pivot Makes NBA Top Shot a Good Investment
I love collecting sports cards, flipping and buying bigger cards for my PC.
NBA Top Shot is the perfect investment pivot away from sports cards.
Besides, the sports card market is going through a correction period. What better way to get in on the hype of Top Shot.
Digital Footprint
When you buy sports cards, you don’t know the history of it. You don’t know who’s owned it, and fakes are getting increasingly hard to spot.
With NBA Top Shot, each moment comes with a history. You can track who has owned the moment throughout it’s history.
One of my favourite features is knowing the ATH sale for each individual moment.
Is NBA Top Shot a Good Investment?
I see massive upside to Top Shot and I’m hooked on it.
Check out my video here, where I talk about how NBA Top Shots can knock sports cards as the number one NBA investment.
With all the hype surrounding NBA Top Shot, I think it’s due for a correction which will likely see prices dip across the board.
But I feel those that resist and write off Top Shot are gonna be those same people that wrote off crypto in 2017 when it crashed, only to be left stunned 3 years later.
Don’t miss the boat.
Past performance is not a guarantee of future return nor does it necessarily indicate of future performance. Keep in mind investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money. Do your own research.
Our content is intended to be used and must be used for information purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify any information that you find on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.